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Next Decade Announces Positive FID For Rio Grande LNG Terminal

LNG

NextDecade has announced that it has made a positive final investment decision for the Phase 1 of the Rio Grande LNG export terminal in Brownsville, Texas, according to the firm.

  • Phase 1, with nameplate liquefaction capacity of 17.6mn t/yr has 16.2mn t/yr of long-term binding LNG sale and purchase agreements with TotalEnergies, Shell, Engie, ExxonMobil, Guangdong Energy Group, China Gas Hongda Energy Trading Co, Galp Trading and Itochu Corp.
  • Commercial deliveries are expected to start in 2027, the firm said earlier this year.

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